The Summit Fleet team has been busy finding vehicles for our customers, and most 2022 factory order banks are still open.
15 PREDICTIONS FOR FLEET IN 2022 Mike Antich, Automotive Fleet Editor, Dec 1, 2021
Prediction 7: Longer Lead Times due to Upfitting
Order-to-delivery (OTD) times have increased with slower turnaround of product at upfitters who are coping with staffing shortages and parts constraints.
Demand for trucks is high causing some fleet customers to wait longer for the chassis to arrive at an upfitter, then for body build times. Raw material costs of products are going up and affecting the bottom line for some upfitters.
Dodge '64 Custom Sports Special
Prediction 9: Trucks Continue to Drive Growth
As shown in past ordering cycles, high order volume of trucks and vans creates a backlog at upfitters delaying deliveries. Upfitters are operating at capacity. The tight labor market, especially for skilled labor, is inhibiting capacity expansion at upfitters.
Prediction 10: Electrification Gains Momentum
The shift to battery-electric vehicles will accelerate in 2022-2023 as more EV products becomes available. My prediction is that OEMs will sell out their entire EV production volume for the next several years since there is pent-up demand among early adopter retail customers and many corporations have committed to going to all-electric fleets.